What is the point of currency?
Why does today's society use currency?
Most Commented Posts
- August 8, 2008 -- Should "In God We Trust" Remain On American Currency? (41)
- February 26, 2009 -- Xtian: What right (specifically) would be violated by removing "In God We Trust" from US currency? (41)
- January 27, 2010 -- Do conservatives invest in gold because they have no faith in American currency? (37)
- November 24, 2008 -- Is “In God We Trust” on US currency a true statement? (35)
- January 3, 2009 -- Should the motto “In God We Trust” be removed from U.S. currency? ? (34)
- March 17, 2009 -- R&S what do you feel about "One nation under God" on US currency? (34)
- April 21, 2009 -- What would be the impact on American society if "In God We Trust" were removed from the currency? (34)
- May 7, 2008 -- Who else thinks that "in god we trust" should be removed from US currency? (33)
- January 9, 2009 -- Are coins and currency the same thing? (30)
- March 8, 2010 -- If your good looks were currency, what could you buy? (30)
This entry was posted on Friday, March 7th, 2008 at 6:56 am and is filed under Currency Trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
March 7th, 2008 at 6:56 am
To make money off of other people's debts; to fulfill the dream of capitalism. Sad, isn't it? It is easier to use currency than bartering resources. It is also easier to take wealth from people when there is actual currency.
March 7th, 2008 at 6:56 am
as we all know , before societies using currency they were trading things and object instead. example; a sack of rice for a sack of sugar, and the they start using gold as currency, the paper ( I owe you ) and that became what we call now a days checks then governments start to print paper IOU with the value of the amount and became currency certified by it.
March 7th, 2008 at 6:56 am
because it is easier to use in exchange for what we want than lets says barter trade. try giving your hairdresser a massage in exchange for your haircut… he must value your massage as much as he values the effort and time he takes for your haircut and he must want your massage… too many variables and too hard to find such a match. so currency becomes a much easier alternative.
without currency,you can safely say that our economic development would not be where it is today